Listed by Kidder Mathews
$2,250,000

1905 W 2nd Ave Spokane, WA 99201

Browne's Addition Neighborhood

Estimated payment $13,877/month

Total Views 4,880
28 Beds
21 Baths
26,184 Sq Ft
$86 Price per Sq Ft

About This Home

This well-maintained property features large floorplans with dens and bonus rooms, offering a 17% rent upside as-is and up to 29% with renovations. Located in one of Spokane’s most desirable neighborhoods, it provides ample on-site parking and is within walking distance to multiple bus stops. Buyers also have the rare opportunity to acquire a 56-unit portfolio by including the neighboring Oak and Espanola Annex properties.

Listing Agent

Max Frame

Kidder Mathews License #130533 Listed on: 05/08/2025

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2373205

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $23,232

Year Built

  • Built in 1907

Lot Details

  • 0.31 Acre Lot
  • 25241.2101
  • Property is in good condition

Home Design

  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 26,184 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 28 Bedrooms
  • 21 Bathrooms

Parking

  • 6 Parking Spaces
  • Open Parking

Community Details

  • No Home Owners Association
  • Spokane Subdivision

Listing and Financial Details

  • Assessor Parcel Number 25241.2101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$23,232

Year Built

Built in 1907

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1907
  • MLS Status: Active
  • Prev Status: Active
  • New Construction: No
  • CalculatedSquareFootage: 26184
  • EffectiveYearBuiltSource: Public Records
  • SOCComments: 2.0%
  • Special Features: None

Interior Features

  • Total Bedrooms: 28
  • Fireplace: No
  • Flooring: See Remarks
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0
  • Amenities: Coin Op Laundry

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Construction Type: Brick
  • Exterior Features: Brick
  • Foundation Details: See Remarks
  • Property Condition: Good
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 6
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 6

Utilities

  • Sewer: Available
  • Water Source: Community
  • Cooling: None
  • Cooling Y N: No
  • Heating Yn: Yes
  • PowerCompany: Avista
  • SewerCompany: City of Spokane
  • WaterCompany: City of Spokane
  • WaterSewerGarbage: 15090

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Fee Information

  • Annual Fuel Expense: 15091

Schools

  • Junior High Dist: Spokane

Lot Info

  • Parcel Number: 25241.2101
  • Lot Size Acres: 0.3061
  • Lot Size Sq Ft: 13335
  • Additional Parcels Description: 25241.2101
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: County Assessor
  • MLSSquareFootageSource: County Assessor
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 7.96
  • LeasedItems: Washer/Dryer
  • TotalMonthlyIncome: 20339

Multi Family

  • Gross Scheduled Income: 282535
  • Net Operating Income: 132065
  • Number Of Units Total: 21
  • Electric Expense: 15090
  • Insurance Expense: 5657
  • Leasable Area: 17597
  • EnergySource: Electric
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: true
  • VacancyRate: 5

Tax Info

  • Year: 2025
  • Tax Annual Amount: 23232

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2025 05/08/25 For Sale $2,250,000 -- $86 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2373205

Northwest Multiple Listing Service (NWMLS)

Washington Spokane County Spokane 99201 Browne's Addition

1905 W 2nd Ave, Spokane, WA

This home is located at 1905 W 2nd Ave, Spokane, WA 99201 and is currently priced at $2,250,000, approximately $85 per square foot. This property was built in 1907. 1905 W 2nd Ave is a home located in Spokane County with nearby schools including Roosevelt Elementary School, Sacajawea Middle School, and Lewis & Clark High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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Max Frame
Listing Agent
Max Frame
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Kidder Mathews
(509) 472-9325